Short Interest in iShares USD Green Bond ETF (NASDAQ:BGRN) Expands By 200.0%

iShares USD Green Bond ETF (NASDAQ:BGRN) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 28,500 shares, an increase of 200.0% from the December 15th total of 9,500 shares. Based on an average daily volume of 23,300 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On iShares USD Green Bond ETF

Several large investors have recently made changes to their positions in BGRN. Envestnet Asset Management Inc. lifted its position in iShares USD Green Bond ETF by 16.0% in the second quarter. Envestnet Asset Management Inc. now owns 504,187 shares of the company’s stock worth $23,465,000 after purchasing an additional 69,552 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in iShares USD Green Bond ETF by 17.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 421,688 shares of the company’s stock valued at $19,625,000 after purchasing an additional 63,874 shares in the last quarter. Creative Planning raised its holdings in shares of iShares USD Green Bond ETF by 18.1% in the second quarter. Creative Planning now owns 113,001 shares of the company’s stock valued at $5,259,000 after buying an additional 17,308 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of iShares USD Green Bond ETF by 2.1% in the second quarter. Cetera Investment Advisers now owns 93,948 shares of the company’s stock worth $4,372,000 after acquiring an additional 1,923 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of iShares USD Green Bond ETF during the second quarter worth $207,000.

iShares USD Green Bond ETF Price Performance

Shares of NASDAQ BGRN opened at $46.26 on Tuesday. iShares USD Green Bond ETF has a twelve month low of $45.73 and a twelve month high of $48.54. The firm has a 50-day moving average of $46.99 and a two-hundred day moving average of $47.37.

iShares USD Green Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1676 per share. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares USD Green Bond ETF’s previous monthly dividend of $0.16. This represents a $2.01 dividend on an annualized basis and a yield of 4.35%.

About iShares USD Green Bond ETF

The iShares USD Green Bond ETF (BGRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated investment-grade government and corporate bonds linked to environmentally beneficial projects, as identified by MSCI.